Friday, September 17, 2010

Judge Barbier Denies Fast-track BP (NYSE:BP) Trials

In a push to get speedier trials, plaintiffs in lawsuits against BP (NYSE:BP) asked Judge Carl Barbier to fast-track the trials. This was especially true of those who had injuries or loved ones killed from the accident.

While the judge said he sympathized with those requesting the speedier trials, he said expectation were unrealistic concerning how fast the claims could be tried.

The judge did encourage all the parties filing lawsuits to take into consideration settling with the defendants, or otherwise attempting mediation.

If those choices aren't made, it'll probably be many years before all of this is resolved for everyone involved.